1015 Pershing BlvdWorthingtonMN56187
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $1,780/mo, and a $1,444/mo payment. Purchase price stands at $295,000, and rental yield measures 7.24% with $1,780/mo rent. Return on cash invested shows 19.15% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 98.83% and total cumulative return in cash records $96,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,780/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Townhouse
Built in 1994
0.13 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56187, Worthington, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,198 (100%) |
| Owner Occupied HU | 3,088 (59.4%) |
| Renter Occupied HU | 1,780 (34.2%) |
| Vacant Housing Units | 330 ( 6.3%) |
| Median Home Value | $213,663 |
| Average Home Value | $246,895 |
Housing Distribution
Address Breakdown
Residential
5,313
Single Family
4,417
Multi-Family
896
Businesses
514
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Listed by: Genny McCuen • Re/Max Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6775775